Expertise, experience, proven capabilities, in-built structures and standards for processes, and costs involved are key considerations while outsourcing software testing. Technavios research reveals that, during the economic recession and early 2010, the majority of IT companies relied on in-house testing. Companies set up their own Testing Center of Excellence (TCOE) for this purpose. However, outsourcing of software testing services is witnessing double digit growth rate as third party service providers can provide better quality, enhanced testing processes, and globally recognized best practices.

The global pure-play software testing services market to grow at a CAGR of 15.90% over the period 2014-2019. Pure-play software testing services is one of the segments of outsourced software testing services market. Technavio believes 2015 will be a positive year for pure-play software testing service providers. Software testing is a vital component of the software development life cycle.

The global pure-play software testing services market is segmented based on geography. Technavio's report, Global Pure-play Software Testing Services market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the landscape of the global pure-play software testing services market and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.

What will the market size be in 2019 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

About ResearchMoz

ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.

The global software testing services market to grow at a CAGR of close to 11% during the forecast period. One of the key drivers for the growth of the market is the growing popularity of crowdsourced testing. Crowdsourcing is a collective effort from people working in different locations on a single online project. Crowdsourced testing has gained immense popularity over the years because it is the only testing process that offers real-time feedback on product development, provide insights about the quality of the product, and helps tester detect bugs and defects over the software testing life cycle.

Industry-specific testing services offerings is another significant trend that is envisaged to propel the growth of the software testing services market during the forecast period. Recent developments have driven companies to align testing services into vertical specializations, which has gained popularity over the years. For instance, Infosys, one of the key players in the global software development market, offers testing services through various specialized practices, such as healthcare, insurance, and retail validation and testing practice.

Product segmentation and analysis of the software testing services market

Application testing services

Product testing services

At present, the application testing services segment dominates the software testing services market, with a market share of over 88%. The growth of this segment is projected to continue over the next five years due to an increase in application verticalization specific to a concentrated user base. The growing consumerization of IT has encouraged companies to develop versatile applications to strengthen their presence and engage customers.

Segmentation by end-users and analysis of the software testing services market

In 2015, the financial services sector led the market with more than 34% of the total market share. Almost all the financial application development and maintenance requires a high degree of testing services throughout the software development lifecycle. Intense competition among global leaders and the shift to specialized services are pushing financial institutions to seek for enterprise-grade testing services.

Competitive landscape and key vendors
The presence of a large number of providers has driven the software testing services market to grow tremendously over the years. Companies are forging partnerships with niche players to improve their software tool packages and enhance ongoing innovations. The market in North America is dominated by IBM, Accenture, and Cognizant, whereas Capgemini, TCS, Wipro, and Infosys hold strong positions in EMEA and APAC.

What are the key factors driving the global software testing services market?

What are the key market trends impacting the growth of the global software testing services market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the vendors in the global software testing services market?

Trending factors influencing the market shares of the Americas, APAC, and EMEA.

What are the key outcomes of the five forces analysis of the global software testing services market?

About ResearchMoz

ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.

Generators are backup devices designed to provide temporary AC power by using the supplied fuel, which can be either diesel, gas, or gasoline. Generators, depending on their portability, are classified into two: portable and stationary.

Portable generators are the best solutions to provide AC power for standby non-hardwired applications. Low-end models support only a few basic home appliances. However, there are high-end portable generators that can provide backup AC power to an entire house. Apart from residential use, portable generators are widely used in commercial buildings as well as industrial and infrastructure sites. In short, they can be utilized in all places where grid is unavailable. The major advantages of portable generators over a standby generator are the following: low priced and do not require special installation.

The portable generator market in the Americas to grow at a CAGR of 6.8% over the period 2014-2019. This report covers the present scenario and the growth prospects of the portable generator market in the Americas during the period 2015-2019. For ascertaining the market size and vendor share, the report considers revenue generated from the sales of portable generators. Portable Generator Market in Americas 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Power Rental Market in Middle East 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, EMEA, and APAC. It also covers the landscape of the power rental market in Middle East and its growth prospects in the coming years. The report includes a discussion on the key vendors operating in this market.

ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.

Osteoporosis, or porous bone, is a disease characterised by low bone density and structural deterioration of bone tissue, leading to fragile bones. This increases the risk of fractures. Osteoporosis mainly affects women, but can also affect men. In women, bone loss occurs very rapidly in the first few years after menopause and continues through the postmenopausal stage. Osteoporosis progresses when bone resorption occurs too quickly or when replacement occurs too slowly. Risk factors for osteoporosis that cannot be controlled include gender, age, body size (low body weight), ethnicity, and family history. Risk factors that can be controlled include sex hormones, medication use, calcium and vitamin intake, alcohol intake, and smoking.

Technavio's analysts forecast the osteoporosis drugs market in BRIC nations to grow at a CAGR of 17.43% over the period 2014-2019. This report covers the present scenario and the growth prospects of the osteoporosis drugs market in BRIC nations for the period 20152019. To calculate the market size, the report considers revenue generated from the sales of various pharmaceutical products used in the treatment of osteoporosis. Pharmaceutical products are classified as branded and generic drugs.

Technavio's report, Osteoporosis Drugs Market in BRIC Nations 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Brazil, Russia, India, and China; it also covers the landscape of the osteoporosis drugs market in BRIC nations and its growth prospects in the coming years. The report includes a discussion on the key vendors operating in this market.

ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.